Earnings

Pedestrians cross a street in front of a Rite Aid store in Oakland, California. David Paul Morris | Bloomberg | Getty Images Rite Aid’s stock surged by about 9% in pre-market trading Thursday after reporting better-than-expected earnings under new CEO Heyward Donigan.  The pharmacy chain’s overall sales, however, fell short of analysts’ forecasts for its

A shopper makes a purchase at a Best Buy store in Corpus Christi, Texas. Eddie Seal | Bloomberg | Getty Images Best Buy is targeting $50 billion in revenue by fiscal 2025, the company announced Wednesday morning ahead of a meeting with investors in New York. The company also said in a press release it

Shoppers At Niketown Store In San Francisco. David Paul Morris | Bloomberg | Getty Images Nike‘s stock is on pace to open at an all-time high on Wednesday morning after hitting one in extended trading on Tuesday, on the heels of the company’s better-than-expected earnings report. Shares were last up nearly 6%, trading around $92.15.

A remote control is seen being held in front of a television running the Netflix application Jaap Arriens | NurPhoto | Getty Images Credit Suisse just joined a slew of analysts worried about Netflix‘s earnings. Shares of the streaming video giant turned negative for the year this week, prompting many Wall Street analysts including KeyBanc

Todd Haselton | CNBC Canada’s BlackBerry on Tuesday cut the top end of its current fiscal-year revenue forecast and posted lower-than-expected quarterly revenue, hit by weak demand for its software amid increasing competition. U.S.-listed shares of the company fell nearly 12% before the bell. Once known for its phones, BlackBerry has pivoted to selling software